The Samsung Galaxy Fold Lite is rumored to launch next year at around $ 830.

Samsung Galaxy Fold Lite is rumored to be a relatively more affordable version of the Galaxy Fold. Now, according to a report from a South Korean publication, Samsung’s Samsung Lite ‘variant of the Galaxy Fold which is said to cost around KRW 1 million (roughly Rs. 62,800, $ 833) will launch next year. The report doesn’t share any details about the rumored Samsung Galaxy Fold Lite’s specs, but adds that it was supposed to be unveiled this year on August 5.

According to a report by Viva100, the rumored Samsung Galaxy Fold Lite was supposed to be featured at Samsung’s Unpacked virtual event on August 5, but it was apparently postponed to next year. The post claims that the Samsung Galaxy Fold Lite was supposed to be priced at KRW 1 million (roughly Rs. 62,800), which would make it a little cheaper than the current Galaxy Fold coming in at Rs. 1.62 lakh according to Amazon. As of now, there is no official confirmation from the company and only leaks have appeared about the phone online.

In particular, if the KRW 1 million price turns out to be true, Samsung will remove some of the features that are present in the Galaxy Fold. The Lite variant is said to come with a combination of 2018, 2019, and 2020 parts, including Snapdragon 865 SoC and 256GB of on-board storage. The secondary display on the outside is said to be smaller, more like the Samsung Galaxy Z Flip, rather than the Galaxy Fold. According to an earlier report, the rumored Samsung Galaxy Fold Lite may be priced at $ 1,099 (roughly Rs. 83,000), which is slightly higher than what we see in this latest report.

So far, Samsung has not shared details about the Galaxy Fold Lite or its availability. Also, the Unpacked event also doesn’t have a confirmation from the company, in terms of dates. But Samsung is expected to unveil the Galaxy Fold 2, Galaxy Z Flip 5G, and Galaxy Note 20, among other devices at the event.

In addition, it is said that a ‘Lite’ or Founder edition of the Galaxy S20 will be released in October. The company is expected to retain some of the internal parts and lower the price like its Samsung Galaxy S10e from last year.

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